In January, the Harris Poll, in a grand gesture of curiosity, surveyed 4,626 US adults on behalf of Northwestern Mutual. The results, as one might expect, were both enlightening and slightly disheartening.
Some market pundits, ever the skeptics, argue that this surge might be nothing more than a fleeting mirage, a deceptive rally that could evaporate as quickly as it appeared. With volatility at a lull and macroeconomic conditions stable, these contrarian voices urge caution, warning that Bitcoin could retrace its steps and fall back into its previous range, below the resistance line.
It is a partnership that has been hailed as a significant step forward in the world of crypto, and one that promises to bring about a new era of informed trading decisions. For too long, traders have been forced to rely on outdated and unreliable data, but with Coinbase and Perplexity AI joining forces, those days are behind us 🙌.
Jameel Khalfan, Head of Ecosystem Development at the SUI Foundation, and MacLane Wilkison, co-founder and CEO of Threshold Labs, delve into the exciting collaboration between tBTC and Sui in a recent episode of the TopMob Podcast. They explore the unique advantages of tBTC as a synthetic bitcoin asset that enhances DeFi capabilities, allowing users to generate yield and borrow against their bitcoin holdings. The conversation covers the recent launch of tBTC on Sui, its initial success, and the future developments that promise to further integrate Bitcoin into the DeFi ecosystem. Listen now for an enlightening discussion on how this partnership is poised to reshape the landscape of digital finance. 🎧
Here’s some news that will have even your grandma regretting she swapped her crypto wallet for Beanie Babies: 100% of circulating Bitcoin addresses are in profit now. That’s right, literally everyone is “in the money,” according to the crypto think-tankers at IntoTheBlock. (All 19,910,000 BTC. That’s almost as many ‘Wen Lambo?’ posts as there are stars in the sky.)
The measly four percent elevation in the token’s price over the last 24 hours—was it a true resurrection, or the final lash of a drowning man? Speculators rattle their chains, hungry for omens. Is this the long-awaited surge, or merely the prelude to another melodramatic collapse?
According to the ever-reliable CoinMarketCap, Dogecoin has climbed from a low of $0.1715 to a peak of $0.1848 within the last 24 hours, a move that could only be described as a “renewed rally.” As of the moment, the meme coin is trading at $0.1802, marking a 3.56% increase. Traders, ever the enthusiastic bunch, have pushed the volume up by a staggering 99.74% to $1.74 billion, a clear sign that the coin is not just a passing fad but a serious contender in the crypto world. 📈
Behold: the notional open interest (OI) has clawed its bitter way up to nearly $98 million from $71 million—since the June 27 quarterly expiry. A 38% rise in two weeks! The record of $102.3 million, set June 24, trembles in anticipation (or terror). In contract terms, OI rose by 26% to 42,414. Remember: XRP on Deribit multiplies by 1,000, because ordinary math is for mortals.
In his latest update on X, Sun encouraged followers to begin utilizing a system that incorporates both sTRX and TRX Vault, emphasizing the potential for enhanced, multi-layered returns by staking TRX.
But seriously, folks, this is big news. Bitcoin has been hovering below the $110K mark for weeks, and now it’s finally broken through. And it’s not just Bitcoin that’s benefiting from this surge. Oh no, the whole crypto market is getting a boost. 🚀